On June 19, 2012, CFTC Commissioner Scott D. O'Malia gave a speech at the SIFMA Tech Leaders Forum entitled "I Have One Word For You: Technology." View speech in full here(links externally to CFTC website).

See: 77 FR 36611 The final rules, guidance and acceptable practices, which apply to the designation and operation of contract markets, implement the Dodd-Frank Act's new statutory framework that, among other things, amends section 5 of the CEA concerning designation and operation of contract markets, and adds a new CEA section 2(h)(8) to mandate the listing, trading and execution of certain swaps on designated contract markets ("DCMs"). Effective Date: August 20, 2012 Compliance Date: The compliance date for contract markets that have obtained designation on, or prior to, the date of

When: Thursday, June 21, 2012, 1:00 p.m. (ET) Where: CFTC Headquarters Conference Center, 1155 21 st, NW, Washington, DC Topic: Open meeting to consider Proposed Interpretive Guidance on Cross-Border Application of Certain Swaps Provisions of the Commodity Exchange Act (CEA) and Regulations thereunder, and a Proposal Regarding Phased Compliance for Foreign Swap Dealers. Viewing/Listening Information: Watch a webcast of the meeting at www.cftc.gov or call-in to a toll-free telephone line to connect to an audio feed. Call-in participants should be prepared to provide their first name, last name

On June 19, 2012, in his testimony before the U.S. House Committee on Financial Services, CFTC Chairman Gary Gensler promoted three goals of CDS reform: Bring public market transparency and the benefit of competition to the swaps marketplace; Protect against Wall Street's risks by bringing standardized swaps into centralized clearing; and Ensure that swap dealers and major swap participants are specifically regulated for their swaps activity. View speech in full here(links externally to CFTC website).

The federal bank regulatory agencies (agencies) have jointly issued the attached final rule modifying the risk-based capital standards for market risk. The final rule incorporates improvements to the current trading book capital regime as proposed by the Basel Committee on Banking Supervision in Revisions to the Basel II Market Risk Framework published in July 2009 and The Application of Basel II to Trading Activities and the Treatment of Double Default Effects, published in July 2005. Statement of Applicability to Institutions with Total Assets Under $1 Billion: The final rule applies only to